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Wall Street Breakfast

Amazon weighs biggest corporate layoff yet

28 Oct 2025

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Amazon (AMZN) plans to cut up to 30,000 office jobs - Reuters. (00:21)  Meta, Snap, TikTok (BDNCE) to comply with Australia’s under-16 social media ban. (01:41) Strategy (MSTR) gets junk credit rating from S&P in a first for a bitcoin treasury company. (02:25)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Tuesday: WM, CLS, RMBS, and moreArk Invest CEO Cathie Wood warns of potential AI market correction: ‘A reality check is coming'EU car sales rise 10% in September; Tesla continues losing market share, BYD gains groundApple supplier Skyworks Solutions held talks to acquire rival Qorvo - reportSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

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